Markets Right Now: Stocks opening higher on Wall Street

AP News
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Posted: Aug 09, 2016 9:57 AM

NEW YORK (AP) — The latest on developments in global financial markets (all times local):

9:45 a.m.

Stocks are opening slightly higher on Wall Street Tuesday, led by health care stocks.

Speculation of more economic stimulus to come in China is helping to keep the market aloft.

Valeant Pharmaceuticals is rising after the Canadian drugmaker backed its outlook and announced a strategy shakeup.

Monster Worldwide is surging on a $303 million buyout by Ranstad Holding.

Health care company Endo is rising on strong earnings, while retailer Gap is down on weak July sales.

The Dow Jones industrial average is up 32 points, or 0.2 percent, to 18,563.

The Standard & Poor's 500 index is up 3 points, or 0.1 percent, to 2,183. The Nasdaq composite is up 11 points, or 0.2 percent, to 5,225.